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. and the u.s. treasury says the u.n. is still undervalued but stopped short of labeling china a currency manipulator. it says china has allowed the u.n. to appreciate 20% since 2010. >>> a new report suggests the u.s. treasury has fewer tools available to stave off a default that it did in 2011. if congress fails to increase the debt ceiling by year end. the bipartisan policy center says the u.s. will hit the $16.4 trillion limit in the last week of december with big payments due -- get this -- on new year's eve. >>> there's still time to scrounge up $2 if you're in the u.s. and go buy a power ball lottery ticket. the jackpot for tonight's drawing, which will take place at 10:59 p.m. eastern, is a record $500 million. it swelled in the past few days. earlier, the megamillions lottery hit a previous record jackpot of $656 million. the power ball is played across 42 u.s. states and the odds of winning it all are one in 175 million. now, if only that could help us solve the fiscal cliff and our debt ceiling issues, then it would really be something. e-mail us your thoughts. and if you're bu
focused on yield. we have an the u.n. weight to equities. most of the equity exposure right now is outside of america. that's been a good thing for us since july and then we have an overweight to extend fixed economic and credit. looking at emerging market debt. watching carefully and still happy to own high yield debt and mortgage-backed securities. >> this is a serious question. we had peter fisher on the show, former undersecretary who said, you know, they just might do the right thing. either online or got your "wall street journal" in hand. what if they do the right thing. jeremy segal says stocks are going to 15,000 and 17,000. is that seriously possible? >> look, you have very little liquidity at year end, right, so there's in the a lot of volume in the markets so things can move much more. it's exaggerated. if we get a credible bipartisan deal december 15th you're going to have a huge relief rally into year end. >> 15,000, mr. baldwin? >> not right away. stocks are slightly overpriced. like them for 40 years, not sure about four months. >> good stuff. rebecca patterson and william
Search Results 0 to 1 of about 2